“True North to buy 51% stake in Max Bupa Health Insurance: Private equity firm True North will acquire a 51% stake in Max Bupa Health Insurance Company for Rs 511 crore ($72 million),” reported VCCircle.

Khaitan & Co advised True North Managers LLP led by a team of partner Niren Patel, principal associate Saswat Subasit, principal associate Aravind Venugopal and associate Yashashree Mahajan.

Update 30 May 2019: AZB & Partners advised Max India Limited and Max Bupa Health Insurance Company Limited led by a team of partners Anil Kasturi, Niladri Maulik, Anisha Shridhar, and associates Rohit Dutta and Priyanka Hazarika.

2019-02-26

Deal value: USD 73.5 million for for Max India’s entire stake in Max Bupa

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